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Business Ownership Quizzes, Questions & Answers

Business ownership can be a rewarding thing. Having complete ownership over your company, being an entrepreneur and starting out on your own can prove one of the most thrilling things you can do. But of course, business ownership brings with it a great deal of stress. In order to protect your personal assets, business owners must start LLC’s that protect them in the worst potential cases.

Business owners can enjoy the benefits of working for themselves, making their own hours, and having the ability to do what it is they love the most. Do you know what the main forms of incorporation are for business ownership? If you think you know it all, take one of our multiple quizzes to find out. 

Top Trending Quizzes


Do you know that there are many forms of business ownership? A partnership is just one example. During this quiz, you should grasp what the main disadvantage of being a sole proprietor is, what is the disadvantage of a...

Questions: 10  |  Attempts: 3814   |  Last updated: Mar 22, 2023
  • Sample Question
    What is the main disadvantage of being a sole proprietor?
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Do you know anything about business ownership? Do you suppose you could pass this quiz? A business owner is the legal proprietor of a business. Owning a business is a huge responsibility. Whether it’s alone or with...

Questions: 12  |  Attempts: 471   |  Last updated: Mar 21, 2023
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    What is the largest risk of being a sole proprietor?
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Welcome to the "Form of Business Ownership Quiz," where you'll embark on a journey to explore the diverse structures that businesses adopt. This quiz challenges your understanding of the various forms of business...

Questions: 10  |  Attempts: 2918   |  Last updated: Dec 14, 2023
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    The ________ is usually the easiest form of business to start and end.
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A multiple choice quiz to test your knowledge of business ownership!

Questions: 8  |  Attempts: 1158   |  Last updated: Mar 21, 2023
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    Which of these companies is a franchise?
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Forms Of Business Ownership

Questions: 10  |  Attempts: 129   |  Last updated: Mar 21, 2023
  • Sample Question
    What is the main disadvantage of being a sole proprietor?
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